Annual levy of US $ 2000 charged from Port City businesses

Date:

The Colombo Port City Economic Commission has decided to charge an annual levy of US $ 2000 for businesses operating at the Colombo Port City.

A special gazette declaration signed by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilisation and National Policy has been issued regarding the issuance of licences for operating businesses at the Port City, and these licences will be issued after careful assessment of the applications submitted for business operations expected on the grounds.

The investors are also expected act in compliance with the regulations by the Central Bank of Sri Lanka (CBSL), the Colombo Port City Economic Commission stated.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lankans Turn to Crypto amid Regulatory Uncertainty

A quiet but powerful financial shift is taking root...

Dormant State owned Enterprises Emerge as a Major Accountability Crisis

Sri Lanka’s much-publicised state-sector reform agenda is now under...

Japan Cooperation Agency- Dialog Digital Push Poised to Transform Sri Lanka

Sri Lanka’s digital and social development drive is set...

Oman Opens Doors to Sri Lanka as Trade, Investment Prospects Rise

Oman is intensifying efforts to draw foreign investment under...